1998News

Computer tax could be reduced to almost nothing

The Chamber of Deputies approved a bill whereby the tax on personal computers would be reduced to 1.5%, down from 10%. The bill also establishes the elimination of the payment of value-added tax on computers. The bill establishes spare parts, accessories and software programs would be either fully tax exempt or partially tax exempt. The bill was submitted by deputy Pelegrín Castillo. It now goes to the Senate for study. The author of the bill justifies its passing saying that PCs are essential for studying and producing in the modern world.